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Technology Stocks : Taiwan Semiconductor (NYSE: TSM)
TSM 329.73+1.2%11:23 AM EST

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To: tom who wrote (474)4/21/1999 3:03:00 AM
From: tom  Read Replies (1) of 684
 
DLJ revises TSM earnings per ADR up to US$0.61 for 1999 and US$0.87 for 2000. They expect sequential revenue growth to accelerate to 35% for the 2Q and utilisation to stay in the 90-95% range for the rest of 1999.

They maintain their Top Pick rating and raise their price target to US$33.
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